5 ms·
Microsoft is one of the most diversified companies in existence. Pretty much every business, every government and most consumers around the world are directly o
by paxys 3y ago
Microsoft is one of the most diversified companies in existence. Pretty much every business, every government and most consumers around the world are directly or indirectly paying them money for something, whether software, devices, consulting, cloud, data. On the other hand Apple's success for the last 15 years has relied on a single device. Now that the device is running into some issues (dropping sales in China, general stall in innovation, regulatory hurdles) their stock price is reacting accordingly.
Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they?
- GoToRO 3y agoalso people don't realize how local Apple is. In a lot of countries you can't even access their services which decreases the value of their devices.
- seanmcdirmid 3y agoBut oddly enough one of those countries isn't China. Its weird how Google and Facebook can't do much their while everything from Apple works as well as anywhere else.
- shortcrct 3y agoBecause Apple is willing to play China's game. Google and Facebook's business models (ads) fundamentally don't work with China's government. They sell different products than Apple.
- joecool1029 3y ago> Because Apple is willing to play China's game. They are forced to by their hardware business model. Almost every entry point to the Apple ecosystem is through hardware and nobody can meet QC and scale of Chinese factories. Too much of a risk to block China and risk supply chain disruptions.
- deleted 3y ago[deleted]
- cqqxo4zV46cp 3y agoThis comment made me feel unnecessarily old. It was only ~15 years ago that we went through all the drama of tech companies deciding whether or not they’d play ball. It’s not that Google can’t, it’s that they decided that the juice isn’t worth the squeeze. Apple decided otherwise. They’re very different companies selling very different things.
- twism 3y agoi was just thinking i haven't paid MS anything since i got my hands on "VXKC4-2B3YF-W9MFK-QB3DB-9Y7MB" ... then i just got an email receipt from my xbox gold subscription. curses!
- brirec 3y agoI bet it’s not just Xbox, either. Maybe you’re not directly paying them money, but as someone commenting on Hacker News I’d sure bet you’re using at least one of GitHub, VS Code, NPM, or LinkedIn. And I’m sure they’re ultimately benefiting from that use!
- cvs268 3y agoMost folks would say "FCKGW-...". What's the story behind your key?
- twism 3y agoah that what i was looking for ... couldn't remember that key so just googled for windows 2000 pro keys
- CharlesW 3y ago> On the other hand Apple's success for the last 15 years has relied on a single device. That "single device company" makes just half of its revenue from iPhones. Recurring services revenue accounted for almost 25%.
- paxys 3y agoHow much of that other half would still be around if the iPhone was no longer a thing? Apple Care? App store purchases? IAP/microtransactions? Apple Pay? iCloud storage? Chargers? Airpods? They can structure their financial reports however they like, but it doesn't change the fact that their entire ecosystem is directly or indirectly tied to that one device.
- CharlesW 3y agoFair enough, but Microsoft would be equally dead without Office and Azure revenue. One way to think about this is that Apple isn't diversified enough. Another way to think about it is that Microsoft's long tail is a mess.
- FirmwareBurner 3y ago>Microsoft would be equally dead without Office and Azure revenue. Would they? Microsoft also own other stuff they monetize like GitHub, Linkedin, X-Box, and a shit tonne of gaming IP inclusing Activision Blizzard, plus other things I'm surely forgetting. Looks pretty diverse to me comapred to a company who's revenue stream is limited by the ammounts of walled garden phones it can sell and who's grasp over its walled garden can be regualted away by the EU waving their wand the same way they lost the Lightnig cable revenue stream. Can Apple keep up this momentum in the long run and keep growing by getting people to buy more expensive stuff, or will they slowly loose steam and stagnate?
- kaashif 3y ago> Fair enough, but Microsoft would be equally dead without Office and Azure revenue. Office and Azure make up half of their revenue, but their other revenue streams are actually different things, like Windows, gaming, LinkedIn, Bing advertising. It's actual diversification.
- ephemeral-life 3y ago> Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they? In ~theory~ such an announcement would be priced into the markets since market capitalization is also dependent on future expected returns. Maybe investors just don't think everyone will be wearing $3000 digital fisheye goggles in a few years.
- chunkyguy 3y agoApple Stock Falls In Minutes After 'Vision Pro' Announcement" https://www.barrons.com/livecoverage/apple-wwdc-2023/card/apple-stock-falls-after-vision-pro-announcement-ZWcs02SvthSXoH6xBDD8 https://www.barrons.com/livecoverage/apple-wwdc-2023/card/ap... Also Microsoft is still selling HoloLens but for selected audience.
- jesseendahl 3y agoI’ve been following Apple for a long time and the stock almost always rises ahead of announcements and falls after. Pretty sure that pattern has existed for ~20 years.
- cqqxo4zV46cp 3y agoYep. Yet time after time “stock dropped after announcement” is trotted out as some sort of indicator of consumer sentiment whenever anyone is looking to start a silly flame war, because it’s convenient to temporarily ignore that share prices are already the result of 12-dimensional speed chess.